Florida Gov. Ron DeSantis on Monday signed the bill to rename the Reedy Creek Improvement District that end the Walt Disney Co.’s governance of the special district. He also named a five-member state-controlled board to run the renamed Central Florida Tourism Oversight District. Municipal bondholders will be relatively unaffected by the name change and governance
The Internal Revenue Service is questioning the status of South Carolina-based Hampton County School District’s 2010 direct payment qualified school construction bonds. That’s according to the district’s recent disclosure on EMMA, which notes the district received a Proposed Adverse Determination letter on Feb.17 and will be challenging the notice. “The Consolidated School District disagrees with
Bitcoin (BTC) and the United States equities markets are trying to start the week on a positive note but some analysts are skeptical about the short-term prospects of the markets. According to Bloomberg Intelligence senior macro strategist Mike McGlone, Bitcoin will face significant resistance at $25,000. McGlone believes that it “may be a while before buy-and-hold
Blur, a NFT marketplace, has seen its trading volumes and total sell-side liquidity skyrocket since conducting an airdrop on Feb. 14, 2023. The reason for the spike could be the start of season 2 airdrops, where 10% of BLUR token’s total supply will be distributed to certain users based on their activity. The team allocated
Shiba inu started the week trading marginally higher, despite cryptocurrencies mostly consolidating on Feb. 27. At the time of writing, the global market cap is currently up 0.83%, as volatility has intensified. Litecoin also rebounded on Monday, hitting a four-day high. Shiba Inu (SHIB) Shiba inu (SHIB) continued to move away from a recent support
A Union Pacific locomotive crosses Highway 118 in Somis, California. Stephen Osman | Los Angeles Times | Getty Images Check out the companies making headlines in midday trading. Union Pacific – Union Pacific’s stock nearly 10% after the company announced that its current CEO would step down in 2023. Bank of America upgraded the railroad
Some cryptocurrencies are inflationary because the supply of coins increases over time. Inflationary cryptocurrencies use a combination of predetermined inflation rates, supply constraints, and mechanisms for distributing tokens to maintain the supply and incentivize participation in the network. Looking at their monetary systems, cryptocurrencies have various coin-creation and supply mechanisms. Inflationary cryptocurrencies have a steadily
A decision last week by the U.S. Supreme Court not to hear a case out of Arkansas could fuel more legislative attempts to cut companies off from doing business, including municipal bond underwriting, with state and local governments if their policies are considered harmful to certain industries. The litigation challenged a 2017 Arkansas law requiring
Rishi Sunak has much to gain from securing today’s deal with the EU over the Northern Ireland protocol. There are serious policy wins available as a result: a less confrontational relationship with the bloc during a time in which the democracies of Europe face an existential threat in the shape of Vladimir Putin, Britain’s possible
In the fall of 2021, a skeletal metal frame stood among the various implements at a construction site on a quiet hillside in the ski town of Snowmass Village. Posted on the site’s fence, a sign with a rendering for an upcoming luxury condominium―Electric Pass Lodge―was covered by a yellow banner in bold letters, “SOLD
The Internal Revenue Service has finalized its regulations on electronic filing of Form 8038-CP, its return for credit payments for issuers of qualified bonds and will be requiring electronic filing for all returns filed after Dec. 31, 2023. This is part of a larger effort by the IRS to modernize its filing system after experiencing
A heart attack, a handwritten note and 1,000 shipping containers full of unknown material — the details of one of London’s biggest commodity fraud cases read like a thriller. Singapore-based trading house Trafigura has accused metals tycoon Prateek Gupta and his companies of selling it fake nickel cargoes worth hundreds of millions of dollars, in
Sir Jeffrey Donaldson, leader of Northern Ireland’s Democratic Unionist Party, has said he would take time to study the new Brexit trade deal announced by UK Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen on Monday. The reaction of the region’s main unionist party to the reforms of the so-called Northern
Bitcoin (BTC) headed toward $24,000 at the Feb. 27 Wall Street open as a strong weekly close translated into further gains. Bitcoin gains $1,000 versus weekend lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding in line with United States equities futures. The pair had seen lows of $22,770 on Bitstamp over the
The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners, or approximately 12 megawatts (MW) of capacity. The new Mawson site is capable
Saul Loeb | AFP | Getty Images A sharp drop in mortgage interest rates brought homebuyers out in force in January, but rates have bounced back higher again, so the gains may be short-lived. Signed contracts on existing homes jumped 8.1% last month compared with December, according to the National Association of Realtors. That’s the
A huge part of New York City’s appeal is and always has been its attractiveness to newcomers from foreign lands. Were this melting pot a dish rather than a city, its sheer number of spicy ingredients would handcuff even the most agile of chefs. Some studies undertaken within the last several years have indicated more
Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday. Ethereum rose back above $1,600, following a breakout on Sunday. Bitcoin Bitcoin (BTC) has largely been
Rishi Sunak’s hopes of selling his Northern Ireland deal to his party were given a boost on Monday when a senior Eurosceptic Conservative MP said the UK prime minister had “done very well” in negotiations with Brussels. Jacob Rees-Mogg, former business secretary, gave a cautious welcome to the outline agreement to overhaul Northern Ireland’s post-Brexit
UK prime minister Rishi Sunak is to claim he has negotiated “fundamental” changes to EU rules for Northern Ireland trade, as Brexiters hit out at a planned meeting between the European Commission president and King Charles. In a bid to end the row that has overshadowed UK ties with the EU since Brexit three years
Photo by Image Source via Getty Images Love may not cost a thing, but divorce can come with a hefty price tag. Most people considering divorce go in with the understanding that it’s going to come with a cost, but many — particularly those pursuing a contested divorce — can experience massive sticker shock when